Topic: Anti-LGBTQ policies cost Europeans billions of dollars every year

[Devlyn]

Anti-LGBTQ policies cost Europeans billions of dollars every year

https://thenextweb.com/news/anti-lgbtq-policies-cost-europeans-billions-dollars-every-year

Tristan Greene November 8, 2022

The equation is simple: unless you live in a country that ranks highly on LGBTQ rights (such as Malta, Denmark, and Belgium) take your nation’s gross domestic product and throw away about 1.7 percent. In fact, on an 8-point scale measuring inclusivity from excellent to terrible, raising or lowering a nation’s ranking by a single point was associated with approximately $2,000 US per capita. In layperson’s terms: countries that are more inclusive by so much as a single point on the scale generate approximately $2,000 more per year per individual than those that are less inclusive.

In essence, countries such as Poland, Italy, and Russia that seek to further diminish LGBTQ rights face penalties in triplicate:

They’re losing money due to a lack of diversity
They’re losing money due to the costs of enacting and enforcing anti-LGBTQ policies
They’re losing money due to various forms of sanction from the global human rights community and associated governing entities such as the European Union.

You don’t have to be queer to recognize that the high costs of discrimination are bad for business.

[gennee]

Not surprised by Poland and Russia and their stances. Seems to be on the rise also. That's a lot of money to lose because of discrimination.